Tuesday, May 13, 2014
Tweet[IWS] BLS: U.S. IMPORT AND EXPORT PRICE INDEXES - APRIL 2014 [13 May 2014]
IWS Documented News Service
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Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor--------------------Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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U.S. IMPORT AND EXPORT PRICE INDEXES - APRIL 2014 [13 May 2014]
http://www.bls.gov/news.release/ximpim.nr0.htm
or
http://www.bls.gov/news.release/pdf/ximpim.pdf
[full-text, 16 pages]
and
Supplemental Files Table of Contents
http://www.bls.gov/web/ximpim.supp.toc.htm
U.S. import prices fell 0.4 percent in April following a 0.4-percent advance the previous month, the U.S.
Bureau of Labor Statistics reported today. Declining fuel prices drove the April decrease. U.S. export prices
decreased 1.0 percent in April, after rising 1.0 percent in March.
Imports
All Imports: Import prices declined 0.4 percent in April, after increasing 1.8 percent in the first quarter of
2014. The April drop was the first monthly decrease since the index fell 0.9 percent in November 2013.
Import prices also fell 0.3 percent over the past 12 months and have not recorded a year-over-year advance
since the index increased 0.9 percent from July 2012 to July 2013.
Fuel Imports: Fuel prices declined 1.7 percent in April, the first decrease for the index since a 4.2-percent
drop in November 2013. Falling prices for both petroleum and natural gas contributed to the April drop in
import prices. Overall fuel prices advanced 1.3 percent for the year ended in April driven by rising prices for
both petroleum and natural gas. Petroleum prices declined 0.7 percent in April following a 5.5 percent
increase over the previous 3 months. Prices for petroleum ticked up 0.1 percent over the past year, the first
overall advance since a 1.1-percent rise for the year ended in September 2013. The price index for natural
gas fell 18.5 percent in April following a 6-month period between September 2013 and March 2014 when
the index jumped 157.8 percent. Despite the downturn in April, natural gas prices increased 41.1 percent
over the past 12 months.
All Imports Excluding Fuel: The price index for nonfuel imports recorded no change in April, after rising
0.3 percent in March. Prices for nonfuel imports decreased 0.7 percent over the past year led by lower prices
for nonfuel industrial supplies and materials, automotive vehicles, and capital goods. The price indexes for
foods, feeds, and beverages and consumer goods rose between April 2013 and April 2014, up 4.2 percent
and 0.2 percent, respectively.
AND MUCH MORE...including TABLES....
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